1. What does power mean to you? What does it mean for a person to exert power? The dictionary definition works well. 2. Who or what can control an industry, influence an industry, or make an industry do something? Name at least four different types of stakeholders. These would be organizations, people, companies, etc., who are somehow affected by actions taken in an organization. 3. What are 7 brands of smartphones? Not the service providers, the phones. 4. What was the relationship between Apple and Samsung in 2005 to 2007? What were they to each other? This is a good synopsis of the relationship https://www.forbes.com/sites/forbesdigitalcovers/2020/03/13/samsung-vs-apple-inside-the-brutal-war-for-smartphone-dominance/#30373a741425. 5. What was Apple compared to Blackberry in 2005? What did each do in 2005 and how were they similar and different?

6. What was Google compared to Apple in 2007? What did each do in 2007 and how were they similar and different? 7. What is Google compared to Apple now? What does each do now and how are they similar and different? 8. What is Samsung compared to Apple now? What does each do now and how are they similar and different? 9. Do you use a Samsung device? Why? How did Samsung become the top selling smartphone? What did Samsung do to become the top selling smartphone? [Beyond your own experiences, take a look at this article: https://www.bloomberg.com/news/articles/2013-03-28/how-samsung-became-the-worlds-no-dot-1-smartphone-maker] 10. What are two examples of firms that can spend that kind of money besides Apple and Samsung? Are there many of these kinds of firms? 11. Where was Microsoft in the smartphone industry between 2007 and 2014? 12. Can Microsoft be counted out of the Smartphone industry? Why or why not? 13. What are 5 things or activities you do on your smartphone? What other products can you use to accomplish each of those activities? 14. How easy would it be to carry those five other things around with you to accomplish the tasks you listed when you want to accomplish them? 15. In 2007, who were the competitors in the smartphone Industry? 16. In 2008, who were the buyers from the smartphone industry? Who buys smartphones from the smartphone industry? 17. What goes into making a smartphone? What inputs are required? In 2008, who was one supplier to the smartphone industry? 18. In 2008, who were potential new entrants to the smartphone industry and how much would it cost to enter the smartphone industry? 19. In 2008, what were substitute threats to the smartphone industry? 20. In 2022, who are competitors in the smartphone industry that were not there in 2008? 21. Think about your responses above and answer this: Describe two areas from which the threats to competitive advantage came from in the smartphone industry? 22. What should the companies in the smartphone industry look at now? Where are the threats coming from?